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Chevy Volt a Failure - GM to Layoff 1,300

Discussion in 'Sports and News' started by Evil Bastard (aka Chris_L), Mar 2, 2012.

  1. HC

    HC Well-Known Member

    I don't post on this thread but have been following it from the beginning with great interest. This got passed along to me today ... I wonder what you all think about it: http://www.upworthy.com/see-the-scientific-accident-that-may-change-the-world-or-at-least-your-battery-l
     
  2. Azrael

    Azrael Well-Known Member

    Great link, HC. Thanks. And it answers in part Boom's napkin.

    I'm not sure, even with the present technology, that my Fast-Az supercharger stations would sell time at the pump, so much as it would sell kilowatts in the increments EV owners want to buy them. Just like selling gas by the gallon.

    In the northeast one kilowatt hour of juice sells for about .20 cents. How do we resell that to EV owners? And how much markup do we take to pay for our infrastructure and operating costs and some little profit? Charge .50 cents/kWH? .35? .75? I think there's a market price people would bear, and one just beyond it they would not.

    (And don't forget we'll be getting some help from the big car manufacturers and the power company and likely the government, too, to help defray our initial costs.)

    I'd therefore guess that the business model for the back of any napkin is almost exactly that of a gas station.

    And because I know Boom looks for good investment opportunities, I'll let him in on the ground floor of my Fast-Az recharge valet, parking and detailing chain, which will have a stand at every station along the New Haven line to recharge, park, clean and return commuters' station cars.
     
  3. The Big Ragu

    The Big Ragu Moderator Staff Member

    That looks pretty cool. I just was reading about it. It was a graduate student at UCLA. According to the journal they published in, they believe it has potential.

    If it ever leads to any kind of technology that is cheap and enhances our lives. ... it will have been a graduate student at UCLA coming up with something unrelated to lithium-ion technology. ... while our Federal government was blowing through billions of dollars of money -- going to several companies that shuttered due to bankruptcy, and one that was just investigated by the Dept. of Energy for paying its people to play video games -- to pursue what is still a dead-end technology 100 + years later.

    Meanwhile a graduate student would have been stumbling onto something simple on his own, taking a whole different approach that involves capacitors, and we could have saved ourselves billions of dollars of additional debt trying to dictate technologies onto a marketplace and paying people who wasted money to do it.
     
  4. Boom_70

    Boom_70 Well-Known Member

    If we add an Allen Edmunds shoe shine and repair center I think that we have a winner AZ. I would be concerned though at the cost of land on New Haven line in Fairfield County.

    One problem with charging though is that it negates the central selling point savings on fuel. As 93 wrote he is looking to eliminate his monthly fuel bill and put it towards cost of car payment.
     
  5. Azrael

    Azrael Well-Known Member


    The press release.

    newsroom.ucla.edu/portal/ucla/ucla-researchers-develop-new-graphene-230478.aspx

    "UCLA researchers from the Department of Chemistry and Biochemistry, the Department of Materials Science and Engineering, and the California NanoSystems Institute demonstrate high-performance graphene-based electrochemical capacitors that maintain excellent electrochemical attributes under high mechanical stress. The paper is published in the journal Science."


    Then way down at the bottom:

    "The CNSI was established in 2000 with $100 million from the state of California."
     
  6. Azrael

    Azrael Well-Known Member


    He can fill up for $10, and still have change left over for a slice of our Fast-Az / Sally's pizza.
     
  7. Boom_70

    Boom_70 Well-Known Member

    Not sure how much business there would be at railroad station commuter lots. in theory wouldn't these folks be charging their commuter
    cars overnight at their house? Why would they need another charge?
     
  8. Azrael

    Azrael Well-Known Member


    In theory. But we'd be filling that high-end, high touch niche for the landed and forgetful 1%.

    And for the suspenders-and-a-belt cautious.

    And for folks who live 35 miles from the train station.

    Fast-Az Concierge and Kilowatt Garage.

    Go. Take it. Make millions!
     
  9. BenPoquette

    BenPoquette Active Member

    This is such a fascinating topic. I still remember the little shit-box electric cars they tried to market in the 1970's. A guy that lived down the street had one of these:

    http://electricandhybridcars.com/index.php/pages/CitiCar.html

    Look back to then and look at what they can do now. The technology has come a very long way and I hope, like cell phones, the advancement in technology picks up speed like it did with cell phones...my first celly was a big, boxy number that cost $500 and was a ton of money per minute, something like $4.99. Now they are cheap and can do everything, not 10 years later.

    The thing is, unless they can make batteries with longer ranges that are much quicker to charge these cars are never going to be sensible for the average driver. Right now there is no way I would buy an electric car, or flex fuel vehicle because they do not make economic sense. But the technology could be there in the near future. I hope.
     
  10. Azrael

    Azrael Well-Known Member

  11. Azrael

    Azrael Well-Known Member

  12. The Big Ragu

    The Big Ragu Moderator Staff Member

    FYI. ... Didn't have a chance to post this Wednesday or Thursday, but Tesla missed on its earnings. Bigger loss than analysts had expected.

    http://money.cnn.com/2013/02/21/investing/tesla-stock/

    http://blogs.wSportsJournalists.com/corporate-intelligence/2013/02/21/tesla-hits-a-pothole/

    I listened to the conference call. Same pattern. The company is missing promised targets. But Musk was on the call promising all kinds of big things. Said they will be profitable this quarter. Analysts have a consensus of a 17 cent loss for the quarter. There was a lot of skepticism. He has made a lot of promises in the past and the company doesn't execute.

    They have definitely ramped up production of cars, but they spent a ton more to produce them than was promised. Here is one big thing to me, to follow up on my post that I quoted before this. ... They have been trumpeting 10s of thousands of orders, and to believe in the company, you have to believe that the only thing between them and a successful car company is being able to meet the demand. But hidden in there was that 1,500 customers canceled their orders in the fourth quarter. I wonder how many more have since the negative publicity? On top of that, even if they could execute, and they haven't, the stock is super expensive on any earnings basis.

    I still won't short it for the reasons I said. But anyone who owns that stock is insane, in my opinion.
     
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